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Serbia's Deco lifts stake in Gosa Montaza to 50.3%

Author Radomir Ralev
Serbia's Deco lifts stake in Gosa Montaza to 50.3% Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

BELGRADE (Serbia), November 29 (SeeNews) – Serbian company Deco has lifted its stake in the capital of metal structures manufacturer Gosa Montaza [BEL:GMON] to 50.3% from 25%, it said.

Deco, owned by Serbian citizen Goran Dedic, has increased the number of Gosa Montaza shares it owns to 123,594 from 61,389, it said in a filing with the Belgrade Stock Exchange on Thursday.

Gosa Montaza, headquartered in Belgrade, owns a production area in Smederevska Palanka, central Serbia. The company had a total of 524 employees at the end of 2018.

Shares in Gosa Montaza last traded on the Belgrade Stock Exchange on November 27, when they closed at 2,262 dinars ($21.2/19.2 euro).

(1 euro = 117.591 dinars)

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